Peco named sole Vietnamese maker of Tatsuno-branded fuel dispensers

An outdoor exhibition featuring 50 photos of old Hanoi will be held on pedestrian streets near Hoan Kiem Lake from August 11 to 13. Luong Ngoc Quyen Street in 1996 by Nguyen Huu Bao The exhibition is organised by Sports and Culture Newspaper, Asia Friendship Company and Vietnamtourism-Hanoi JSC on the occasion of 10th anniversary of Bui Xuan Phai - For the Love of Hanoi Awards.  Eight winners of the grand prize, more than 50 nominations and 30 inspiring high-quality works of art depicting Hanoi and a love for Hanoi have been honoured at the awards. 50 photos are captured or collected by five photographers who have won Bui Xuan Phai Awards in the past decade including Le Vuong, Quang Phung, Nguyen Huu Bao, Dinh Trong Hieu and Dutch photographer Loes Herrink. Loes Herrink is the author of the photographs Hanoi bicycle vendors from above and ethnographer Dinh Trong Hieu was awarded for his collection of colour photos of Hanoi during 1914-1917.  Photographer Le Vuong was awarded the grand prize in 2016, Nguyen Huu Bao was awarded a work prize in 2017 and Quang Phung won the grand prize in 2013.    The photographers show an enthusiasm to participate in the exhibition and said it inspired them and make them want to do more for Hanoi.  Dinh Trong Hieu also sent two photos of serene Hanoi he took by Hoan Kiem Lake in 1979. Loes Herrink sent dozens of photos. She said she was mesmerised by the street vendors and…... [read more]

The Vietnamese delegation has a working session with India’s Observer Research Foundation (ORF) representatives (Source: VNA)   New Delhi (VNA) – A delegation of the Centre for Indian Studies (CIS) under the Ho Chi Minh National Academy of Politics (HCMA) is on a visit to India from August 6-18 to explore how soft power is used in the country. On August 9, the delegation visited India’s Observer Research Foundation (ORF) and engaged in a seminar on the India-Vietnam relations, under which the Indian side shared experience in promoting its soft power. The seminar was co-chaired by Assoc. Prof. Dr. Le Van Toan, CIS Director and Chairman of the HCMA’s Science Council, and Prof. Harsh V.Pant , Director of the ORF’s Strategic Studies Programme. Later the same day, the delegation visited the Centre for East Asia Studies (CEAS) under the School of International Studies of the Jawaharlal Nehru University (JNU). Toan, who led the delegation, and CEAS Director Prof. Dr. Srikanth Kondapalli discussed the possibility to enhance the two sides’ cooperation in research and training in the field of soft power promotion. They also talked about ways to enhance connectivity between scholars as well as learning exchange between Vietnam and India in general and the two centres in particular. On this occasion, Toan co-chaired a seminar with professors, lecturers, researchers and students of JNU. Apart from Delhi, the delegation is scheduled to make fact-finding trips to agencies…... [read more]

Ministry suggests building property tax lawThe Saigon Times Daily HCMC – The Ministry of Finance has proposed the Government build a property tax law in a bid to generate a new revenue stream for the State budget. According to the Vietnam News Agency, a Finance Ministry report says land use tax revenue accounts for a mere 0.03% of gross domestic product (GDP), and around 0.15% of total State budget revenue. Meanwhile, according to the ministry, property tax in other countries is a vital revenue stream for their budgets. Property tax revenue makes up about 2% of GDP in OECD (the Organization for Economic Co-operation and Development) countries, with Canada taking the lead with 4%, followed by the United States with 3%. The property tax is regarded as their direct tax revenue source, as it is levied on specific assets, especially housing and land. Besides, asset tax reform in some countries like Canada, Australia and Malaysia is mainly intended to tax high-value assets and add property tax payers. The future prospect for the domestic real estate market is bright as a host of new legal documents such as the Housing Law and the amended Law on Real Estate Business will come into force, the Vietnam News Agency quoted a source from the ministry as saying. Especially, average incomes of Vietnamese citizens soared from US$1,400 in 2013 to US$2,200 in 2016 per capita. The figure is forecast to reach US$3,400 by 2020. According to the source, real estate investment will be more active…... [read more]

EU supports central role of ASEAN in cooperative relations in Asia-Pacific (Illustrative image. Source: internet) Brussels (VNA) – The European Union (EU) supports the central role of the Association of Southeast Asian Nations (ASEAN) in cooperative relations in Asia-Pacific. Xavier Nuttin, an advisor of Asian policies of the European Parliament made the remark in a recent exchange with reporters from Vietnam News Agency in Brussels, Belgium, on the occasion of the 50th founding anniversary of ASEAN. He said ASEAN plays a significant role in the global arena, both politically and economically.    [PM chairs ceremony to mark ASEAN founding anniversary] The 10-member bloc is the sixth largest economy in the world and is expected to become the fourth biggest by 2050, he said. The EU is ASEAN’s second biggest trade partner and largest investor, accounting for 20 percent of total foreign investment in the region, he said, noting that trade plays an important role in cooperation programmes the EU is sponsoring for ASEAN with nearly 50 percent of investment poured into the economic sector. The two sides aim to sign a free trade agreement, an initiative they launched in the 2000s. The EU has opened negotiations for trade deals with many ASEAN member countries, including Vietnam. Vietnam and the EU concluded negotiations on a bilateral trade agreement in 2015, with the deal awaiting ratification. Nuttin evaluated Vietnam as an important member in ASEAN with a special geographical location, large population and…... [read more]

ASEAN photos on show in HanoiPhi Vu Visitors are seen at the photo exhibition which is open until August 11 at Ly Thai To Statue Square in Hanoi - PHOTO: TTXVN An outdoor photo exhibition highlighting landscapes, cultures and peoples of ASEAN member nations is on until August 11 at Ly Thai To Statue Square, Dinh Tien Hoang Street, Hoan Kiem District, Hanoi, the Vietnam News Agency reports. As part of a series of cultural and artistic events in celebration of the 50th anniversary of the Association of Southeast Asian Nations (ASEAN), the seven-day exhibition with its theme “ASEAN countries and peoples” offers chances for local and regional photographers to meet up and talk about photography as well as promotes mutual understanding between ASEAN members. About 230 artworks by 136 photographers in the 10 ASEAN countries -- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam -- are on display during the event, allowing visitors to explore the peoples, cultures and landscapes in the region.  The photos displayed at the exhibtion were selected from 10,000 entries of 1,200 amateur and professional photographers from ASEAN member nations who took part in the photo contest launched by the Department of Art, Photography and Exhibitions under the Ministry of Culture, Sports and Tourism. The event is organized by the Ministry of Culture, Sports and Tourism in partnership with the Ministry of Foreign Affairs and the government of Hanoi City.    ... [read more]

Visitors at the exhibition (Photo: VNA) Can Tho (VNA) – The museum of the Mekong Delta city of Can Tho and the Vietnam News Agency (VNA) on August 8 jointly held a photo exhibition to celebrate the 50th founding anniversary of the Association of Southeast Asian Nations (ASEAN). The exhibition, which will run until September 30, features 120 photos introducing the establishment and development of the association, along with the socio-economic achievements as well as national cultural identity of Vietnam in the ASEAN community. Via the lens of VNA reporters, important events throughout ASEAN’s five-decade development are highlighted, including the first ASEAN Environment Forum in Hanoi in September 1999, the opening of the Conference of ASEAN Ministers Responsible for Information in October 2000 in Hanoi and the 34th ASEAN Foreign Ministers’ Meeting in Hanoi in July 2001. Director of the Can Tho Department of Culture, Sports and Tourism Tran Viet Phuong said that the event is part of activities to celebrate the 50th anniversary of ASEAN and 72 years of the August Revolution (August 19), and the National Day (September 2). Also on August 8, Can Tho also launched another photo exhibition themed “Sen village – Uncle Ho’s Homeland” showcasing 120 photos on the place where President Ho Chi Minh was born and grew up, as well as the late leader’s visits to his homeland. Within the framework of the event, the Can Tho Museum also coordinated with the An Giang Museum to …... [read more]

Vietnam successfully fulfilled its role as rotational Chairman of the ASEAN Committee in Paris (ACP) from April to July, according to Vietnamese Ambassador to France Nguyen Ngoc Son. Vietnamese Ambassador to France Nguyen Ngoc Son The diplomat, who chaired the group of the ASEAN ambassadors to France over the last four months, told Vietnam News Agency that the Vietnamese Embassy in France was proactive in reinforcing ASEAN’s relations with France. The embassy stepped up the ACP’s links with France through meetings with local Government members, parliamentarians, scholars and businesses, including French Minister for Europe and Foreign Affairs Jean-Yves Le Drian, Chairman of the French Senate’s Committee on Foreign Relations, Defence and Armed Forces Jean Pierre Raffarin, Executive Chairman of the French Institute of International Relations Thierry de Montbrial and executives of the EDF electricity group and Airbus. The Vietnamese Embassy also chaired and participated in events like the ASEAN Family Day so as to boost mutual understanding and solidarity among the staff of the ASEAN countries’ embassies in Paris, Son said. He noted his embassy chaired the ACP amid France’s presidential and legislative elections, along with preparations for marking the 50th founding anniversary of ASEAN such as the anniversary celebration, a workshop on ASEAN’s economy and an ASEAN film week in Paris. With those positive outcomes, ASEAN diplomats lauded Vietnam’s chairmanship of the ACP, Ambassador Son added. He said the Vietnamese Embassy will continue coordinating with the next ACP Chairman, the Bruneian Embassy, as well as other ACP members to…... [read more]

Vietnamese Ambassador to France Nguyen Ngoc Son (Photo: VNA) Paris (VNA) – Vietnam successfully fulfilled its role as rotational Chairman of the ASEAN Committee in Paris (ACP) from April to July, according to Vietnamese Ambassador to France Nguyen Ngoc Son. The diplomat, who chaired the group of the ASEAN ambassadors to France over the last four months, told Vietnam News Agency that the Vietnamese Embassy in France was proactive in reinforcing ASEAN’s relations with France. The embassy stepped up the ACP’s links with France through meetings with local Government members, parliamentarians, scholars and businesses, including French Minister for Europe and Foreign Affairs Jean-Yves Le Drian, Chairman of the French Senate’s Committee on Foreign Relations, Defence and Armed Forces Jean Pierre Raffarin, Executive Chairman of the French Institute of International Relations Thierry de Montbrial and executives of the EDF electricity group and Airbus. The Vietnamese Embassy also chaired and participated in events like the ASEAN Family Day so as to boost mutual understanding and solidarity among the staff of the ASEAN countries’ embassies in Paris, Son said. He noted his embassy chaired the ACP amid France’s presidential and legislative elections, along with preparations for marking the 50th founding anniversary of ASEAN such as the anniversary celebration, a workshop on ASEAN’s economy and an ASEAN film week in Paris. With those positive outcomes, ASEAN diplomats lauded Vietnam’s chairmanship of the ACP, Ambassador Son added. He said the Vietnamese Embassy will continue coordinating with the…... [read more]

The Viet Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high. The Ministry of Industry and Trade (MoIT) had planned to eliminate administrative procedures in 17 fields this year, including the steel sector, in order to ease conditions for enterprises. In December 2015, the Government issued a circular (No 58) defining regulations on the management of domestically produced and imported steel quality. The circular also aimed to prevent steel exporters taking advantage of some zero tariff levels thereby affecting local producers. Instances of trade fraud included importing rolled steel containing 0.0008 per cent boron (Bo) element labelled as a metal that enjoys preferential zero per cent tax. The association said the management on imported steel quality under the circular has helped stabilise the domestic market. VSA also said Circular 58 contributed to tightening imports of steel products which Viet Nam could produce and loosening import restrictions on those which the country needs. Ho Nghia Dung, VSA’s chairman told the Vietnam News Agency that the Government should maintain Circular 58 to support the local steel sector. Dung said the country’s total steel imports last year reached 23 million tonnes, ranking it fifth in terms of Viet Nam’s import turnover. The big steel import amount and value have also had a negative effect on the import-export balance, Dung noted. In addition, construction steel is often imported from China as alloy…... [read more]

The Viet Nam Steel Association proposes to maintain Circular 58 to control quality of imported steels. — Photo vietstock.vn The Viet Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high. The Ministry of Industry and Trade (MoIT) had planned to eliminate administrative procedures in 17 fields this year, including the steel sector, in order to ease conditions for enterprises. In December 2015, the Government issued a circular (No 58) defining regulations on the management of domestically produced and imported steel quality. The circular also aimed to prevent steel exporters taking advantage of some zero tariff levels thereby affecting local producers. Instances of trade fraud included importing rolled steel containing 0.0008 per cent boron (Bo) element labelled as a metal that enjoys preferential zero per cent tax. The association said the management on imported steel quality under the circular has helped stabilise the domestic market. VSA also said Circular 58 contributed to tightening imports of steel products which Viet Nam could produce and loosening import restrictions on those which the country needs. Ho Nghia Dung, VSA’s chairman told the Vietnam News Agency that the Government should maintain Circular 58 to support the local steel sector. Dung said the country’s total steel imports last year reached 23 million tonnes, ranking it fifth in terms of Viet Nam’s import turnover. …... [read more]




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